Calgary Housing Market: Tracking Daily, Monthly, and Yearly Trends
Calgary’s housing market is seeing a balanced rhythm, with average home prices for November slightly up. Overall, 2025 shows a consistent market supporting steady growth, despite daily fluctuations.
On Tuesday, November 18, sales in Calgary dipped to 49 from 61 the prior day, while new listings climbed to 66 from 52. Active listings reduced to 6,212. The daily median price rose to $608,000 from $580,000, and the average price was $641,898. Looking at the bigger picture, November's total sales reached 897, an increase from October's 848, with new listings also up. The average price this month is $607,104, a slight rise from last month's $605,094. Year-to-date, sales are strong at 21,011, reflecting continued demand throughout 2025.
For Calgarians, these trends are shaped by falling interest rates, with the Bank of Canada cutting its key rate to 2.5% in September, making borrowing more accessible. This, coupled with Calgary’s population surpassing 1.7 million in 2025 due to strong interprovincial migration, fuels ongoing demand for homes. The market is recalibrating rather than collapsing, offering a balanced environment.
Buyers should note the increased inventory, especially in condos and townhomes, provides more negotiating power. Experts suggest winter can be a good time to buy, particularly for first-timers eyeing condos or emerging neighbourhoods. Getting pre-approved helps lock in rates.
Sellers, while facing more competition, especially in apartment and row-style homes, still see robust demand for detached properties. Realistic pricing, good staging, and highlighting energy-efficient upgrades are key to success. Lower-end homes under $700,000 are moving fastest.
